Kathmandu: Indian billionaire Gautam Adani has been charged with fraud in the US, which has accused him of orchestrating a $250m (£198m) bribery scheme and concealing it to raise money in the US. The criminal charges, filed on Wednesday in New York, are the latest blow to 62-year-old Mr Adani, one of Asia’s richest men,… Continue reading US charges Indian billionaire Gautam Adani with fraud
Author: vishwasandesh
Uncertainty after Australia foreign students bill hits opposition
Katmandu: Australia’s debate over capping foreign student numbers is “not over” despite a controversial bill unexpectedly losing support, a top industry body says. The bill, part of efforts to slash overall migration to Australia, had been opposed by most universities who say it would damage the higher education sector and its global reputation. The government… Continue reading Uncertainty after Australia foreign students bill hits opposition
NAC offers discounts on international airfares
Kathmandu: Nepal Airlines Corporation (NAC) has announced discounts on international airfare following directives from the Ministry of Culture, Tourism, and Civil Aviation. NAC Spokesperson Ramesh Paudel confirmed the decision to provide reduced fares on select international destinations. According to a press release issued by NAC, passengers traveling to Delhi, Mumbai, and Bangalore will receive discounts… Continue reading NAC offers discounts on international airfares
PM Oli’s China visit to be based on ruling party consensus: Home Minister Lekhak
Kathmandu: Home Minister Ramesh Lekhak has assured that Prime Minister KP Sharma Oli’s upcoming visit to China will be guided by a consensus between the ruling Nepali Congress and the CPN (UML). Speaking at a press conference organized by the Nepal Press Union in Dhangadhi, Minister Lekhak emphasized that the visit would not cause friction… Continue reading PM Oli’s China visit to be based on ruling party consensus: Home Minister Lekhak
Nepal exports Rs 12.72 bn worth of electricity to India in Q1
Kathmandu: Nepal exported electricity worth Rs 12.72 billion to India during the first quarter of the current fiscal year, according to the Nepal Electricity Authority (NEA). The surplus electricity, amounting to over 1.66 billion units generated during the rainy season, was sold at an average rate of Rs 7.63 per unit. The NEA exports power… Continue reading Nepal exports Rs 12.72 bn worth of electricity to India in Q1
Press Council Nepal takes action against YouTube channels spreading misinformation
Kathmandu: Press Council Nepal has taken action against nine YouTube channels for spreading inaccurate and fabricated content, accusing them of promoting disorder. Among these, three unregistered channels have been recommended for further investigation by the Cyber Bureau of Nepal Police. In a press statement issued on Tuesday, the Council instructed the immediate removal or suspension… Continue reading Press Council Nepal takes action against YouTube channels spreading misinformation
Depositors of Sahara Cooperative file fraud case against Rabi Lamichhane and others
Kathmandu: Depositors of Sahara Chitwan Multipurpose Cooperative Limited have filed a fraud complaint against Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane, former Deputy Inspector General (DIG) Chhabilal Joshi, and eight others. The complaint, lodged at the District Police Office in Chitwan on Wednesday, accuses the 10 individuals of embezzling funds from the cooperative. Shalikram Dawadi,… Continue reading Depositors of Sahara Cooperative file fraud case against Rabi Lamichhane and others
Nepal’s public debt rises to Rs 2.518 trillion, exceeding 44% of GDP
Kathmandu: Nepal’s public debt increased by Rs 84 billion in the first quarter of the current fiscal year (FY) 2024/25, according to the Public Debt Management Office (PDMO). The total debt now stands at Rs 2.518 trillion, equivalent to 44.14 percent of the country’s Gross Domestic Product (GDP). The PDMO report shows that Nepal’s total… Continue reading Nepal’s public debt rises to Rs 2.518 trillion, exceeding 44% of GDP
World Children’s Day marked with call to action for Child Rights
Kathmandu: World Children’s Day is being celebrated globally today with the theme, “Listen to the Future. Stand Up for Children’s Rights.” On this occasion, the National Human Rights Commission (NHRC) of Nepal has urged all citizens, guardians, political parties, and rights activists to intensify efforts to safeguard children’s rights and create a child-friendly society. In… Continue reading World Children’s Day marked with call to action for Child Rights
Nepal govt moves to identify and utilize idle public assets
Kathmandu: The government has initiated a comprehensive plan to identify and make use of unused public properties across the country. A cabinet meeting on Tuesday directed all ministries to formulate strategies for assessing and utilizing government land, infrastructure, machinery, equipment, and other resources. The decision aims to address the growing concern over idle public assets,… Continue reading Nepal govt moves to identify and utilize idle public assets